Wall Street Shifts Focus: Crypto IPOs Gain Ground Over Altcoin Trading

Investment firms are shifting their focus away from speculative altcoins towards established crypto companies preparing for Initial Public Offerings (IPOs). This shift, according to research from Matrixport, a crypto financial services firm, reveals over $200 billion in companies poised for IPOs. These offerings could raise capital ranging from $30 billion to $45 billion, driving the market’s growth.